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Energy Archives | Elliott Wave Analytics

There are two important areas of the market that have historically been good leading indicators of the strength, or weakness, of the markets and the economy. Oil and retail.
Currently, both areas are sending warning signs that should not be readily dismissed. First, with respect to oil, the bounce i...

I have a friend… let’s call him Larry. Let’s just say, Larry is not a fan of taking risks. He likes his reflexes fast, his cars slow, and his financial markets secure for the long haul.
So, when Larry called me up at the beginning of this year to say he’s boarding the highly-...

Beginning in December of last year, following the announcement by OPEC of a cut in oil production, I have discussed the “headwinds” that persist against a sustained rise in oil prices.
“The supply/demand dynamics currently suggest that oil prices and energy-related investments could find a lon...

No! I am not talking about President Trump but rather the crash in both Technology stocks, and Oil prices, which are obstructing the continuation of the “bull market.”
As I discussed this past Tuesday, the mini “flash crash” in Technology certainly woke investors up.
“While there is cer...

In late 2016, OPEC, along with the Russian’s and other countries, agreed to cut production in order to try and “balance” the supply/demand imbalance that drove oil prices to the low $30’s at the nadir of the oil price crash.
As Brian Noble noted recently:
“In the past couple of weeks, crud...

In this past weekend’s newsletter, I reviewed the current state of the market and the problem for Janet Yellen holding off on hiking rates given the recent strength of employment data on the surface. I say on the surface, because if you dig just a little you will find the inherent problems as I ...

The old shell game of three shells and a pee where the viewer tries to guess under which shell the pee resides is often used to manipulate participants in order to take their money. Well the oil storage market is just about as shady as some guy on the corner trying to steal your money with deceptive...

Crude oil has been the center of energy-related headlines since 2H14 when it started its dramatic ‘normalizatin’ process while everybody (us included) seems to have forgotten about natural gas. So we thought we should give an update on natural gas as well.
Market Watch reported that Ma...

The Department of Transportation’s Federal Highway Commission has released the latest report on Traffic Volume Trends, data through February.
“Travel on all roads and streets changed by 2.8% (6.1 billion vehicle miles) for February 2015 as compared with February 2014.” The less vol...

As expected, EIA on Wednesday reported for week ending April 17, U.S. crude-oil inventories gained 5.3 million barrels to 489 million barrels, which is still the highest in at least 80 years, according to the EIA. Looking closer at each PAD region, almost all the inventory adds occurred in Gulf Coas...

When oil prices fell out of bed last winter there was much hand-wringing over the fate of the former beneficiaries of high-priced crude. Trillions of dollars of junk bonds issued by frackers, for instance, might default, oil field services companies could fail, and layoffs in the oil patch might swa...

This is part 3 of a 5-part market series by EconMatters. Read Part 1 here, part 2 here
The Utility Sector
This crowded trade revolves around a common theme Central Bank Policy and its effects on financial markets. The third most crowded trade in our series is the Utility Sector Stocks. Investors h...

The plunge in crude oil prices has certainly taken “center stage” as of late and a day doesn’t pass that a conversation is not had about the future of oil prices and subsequently oil-related investments. Is the decline in oil prices over? Have oil related investments put in a long-...

A few years ago I spent a good deal of time overseas. When you travel for an extended period, it is always interesting to begin to understand the perception that people in other parts of the world have about where you come from. When I was living and working in Spain, it was a common misconception t...